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Lighting & Equipment PCL (BKK:L&E) Cyclically Adjusted PS Ratio : 0.16 (As of Jun. 08, 2024)


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What is Lighting & Equipment PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Lighting & Equipment PCL's current share price is ฿1.09. Lighting & Equipment PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿6.88. Lighting & Equipment PCL's Cyclically Adjusted PS Ratio for today is 0.16.

The historical rank and industry rank for Lighting & Equipment PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:L&E' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.32   Max: 0.49
Current: 0.16

During the past years, Lighting & Equipment PCL's highest Cyclically Adjusted PS Ratio was 0.49. The lowest was 0.16. And the median was 0.32.

BKK:L&E's Cyclically Adjusted PS Ratio is ranked better than
95.4% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs BKK:L&E: 0.16

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Lighting & Equipment PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿1.239. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ฿6.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lighting & Equipment PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lighting & Equipment PCL's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lighting & Equipment PCL Cyclically Adjusted PS Ratio Chart

Lighting & Equipment PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.28 0.31 0.30 0.19

Lighting & Equipment PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.22 0.22 0.19 0.19

Competitive Comparison of Lighting & Equipment PCL's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Lighting & Equipment PCL's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lighting & Equipment PCL's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lighting & Equipment PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Lighting & Equipment PCL's Cyclically Adjusted PS Ratio falls into.



Lighting & Equipment PCL Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Lighting & Equipment PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.09/6.88
=0.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lighting & Equipment PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lighting & Equipment PCL's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.239/131.7762*131.7762
=1.239

Current CPI (Mar. 2024) = 131.7762.

Lighting & Equipment PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.501 100.560 1.967
201409 1.746 100.428 2.291
201412 1.612 99.070 2.144
201503 1.225 99.621 1.620
201506 1.396 100.684 1.827
201509 1.451 100.392 1.905
201512 1.755 99.792 2.317
201603 1.460 100.470 1.915
201606 1.379 101.688 1.787
201609 1.601 101.861 2.071
201612 1.974 101.863 2.554
201703 1.169 102.862 1.498
201706 1.257 103.349 1.603
201709 1.372 104.136 1.736
201712 1.531 104.011 1.940
201803 1.273 105.290 1.593
201806 1.391 106.317 1.724
201809 1.477 106.507 1.827
201812 1.800 105.998 2.238
201903 1.142 107.251 1.403
201906 1.012 108.070 1.234
201909 1.538 108.329 1.871
201912 1.403 108.420 1.705
202003 1.284 108.902 1.554
202006 0.774 108.767 0.938
202009 1.464 109.815 1.757
202012 1.002 109.897 1.201
202103 1.128 111.754 1.330
202106 1.343 114.631 1.544
202109 1.594 115.734 1.815
202112 1.686 117.630 1.889
202203 1.671 121.301 1.815
202206 1.605 125.017 1.692
202209 1.730 125.227 1.820
202212 1.513 125.222 1.592
202303 1.338 127.348 1.385
202306 1.422 128.729 1.456
202309 1.387 129.860 1.407
202312 1.565 129.419 1.593
202403 1.239 131.776 1.239

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Lighting & Equipment PCL  (BKK:L&E) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Lighting & Equipment PCL Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Lighting & Equipment PCL's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Lighting & Equipment PCL (BKK:L&E) Business Description

Traded in Other Exchanges
N/A
Address
Sri-Ayudhya Road, 539/2, 16-17 Floor, Gypsum Metropolitan Tower, Rajthevee, Bangkok, THA, 10400
Lighting & Equipment PCL is engaged in manufacturing, and distributing lighting fixtures, lamps, electrical equipment, and installation service and design of electric and lighting systems. Its other products include cable trunking systems, light-emitting diodes (LEDs), light boxes, lighting control equipment, lighting poles, luminaries, optical fiber lighting, and others. These products are sold through two main channels, project and retail. The company offers its products to hotels, resorts, airports, shopping malls, commercial buildings, and showrooms among others.

Lighting & Equipment PCL (BKK:L&E) Headlines

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